Shulou(Shulou.com)11/24 Report--

On the morning of January 20, Beijing time, Texas Instruments TI announced that Rich Templeton, who has been CEO for nearly 19 years, will step down and be replaced by COO Haviv Ilan. Templeton will continue to serve as executive chairman of Deyi.

Deyi has a history of 92 years, and the company says the personnel change is a well-planned and orderly inheritance. However, Deyi also replaced the CEO in 2018, but failed. When Templeton stepped down in 2018 to make way for the then COO Brian Brian Crutcher, Deyi also said the turnover was a well-planned and orderly succession. Unfortunately, Cratcher left a month later, and Templeton returned to office.

Templeton began to lead Deyi on May 1, 2004, and its share price rose 581% under his management.

In 1999, Deyi acquired Israeli wireless startup company Butterfly,Haviv Ilan because it became a member of Deyi, and later he was promoted to COO.

In the quarter ended September 30 last year, Deyi made a net profit of $2.3 billion and revenue of $5.24 billion, up 18% and 13% respectively from a year earlier. Most of Deyi's revenue comes from analog products, including chips that process signals into data for other chips; more than 1/3 of revenue comes from industries such as energy, healthcare and defence.

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